China now consumes about half of the world’s pork and has a growing demand into the future that can’t be sustained by small farms that also have an outsized environmental footprint. China Could Emerge as Top Pork Importer As previously reported (see Ag Perspectives, 29 December 2015), the Chinese government started withdrawing licenses in 2014 from about 30 percent of the country’s feed mills in an effort to support greater food safety. Likewise, many midsized hog breeding operations, especially around rivers and other water sources, have been shut down. In both feed manufacturing and livestock feeding, the Chinese government’s 2011-2015 plan explicitly called for decreasing the number of small operations and expanding the “above scale” f...
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...